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![Wheeler ready to 'scale up' currency push](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Wheeler ready to 'scale up' currency push
The Reserve Bank Governor Graeme Wheeler said the central bank had intervened in the currency market to take on the high New Zealand dollar in recent months and was prepared to "scale up" its activities if necessary.
![NZ and China discuss convertibility of currencies](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ and China discuss convertibility of currencies
New Zealand officials are in talks with their Chinese counterparts over making New Zealand dollars directly convertible with Chinese renminbi.
![Bank signals mortgage restrictions](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bank signals mortgage restrictions
The Reserve Bank has given strong signals that it intends to restrict mortgage lending at high loan-to-value ratios, to rein in credit growth and house price inflation.
![Reserve Bank confirms intervention](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Reserve Bank confirms intervention
The Reserve Bank of New Zealand says it intervened in foreign exchange markets in an attempt to drive the kiwi lower. It gave no details of the size of the intervention.
![Middle men cash in on currency](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Middle men cash in on currency
Kiwi travellers scan the internet for cheap flights but appear happy to pay over the odds for foreign currency.